Research
Fisherian and Wicksellian Price-Stabilization Models in the History of Monetary Thought
Article Fisherian and Wicksellian Price-Stabilization Models in the History of Monetary Thought Fisherian and Wicksellian Price-Stabilization Models in the History of Monetary Thought Fisherian and Wicksellian Price-Stabilization Models in the History of Monetary Thought May/Jun 1990 Fisherian and Wicksellian Price-Stabilization Models in the History of Monetary Thought Thomas M. Humphrey phone= (Home) email=rich webcontent@rich.frb.org mapid=tmh1 /> {thohum1} <p>The policy models of Irving Fisher and Knut Wicksell posit rules by which central banks can stabilize general prices at a fixed target level over time. Wicksell's model, however, requires some adjustment before it can deliver price stability.</p> /RichmondFedOrg/publications/research/economic_review/1990/pdf/er760301.pdf Inflation & Monetary Policy 1 Monetary Policy Inflation
<p>The policy models of Irving Fisher and Knut Wicksell posit rules by which central banks can stabilize general prices at a fixed target level over time. Wicksell's model, however, requires some adjustment before it can deliver price stability.</p> Economic Review May/Jun 1990